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Tax, SDIRAs & Cost Segregation

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Lisa Leary
  • Flipper/Rehabber
  • Phila, PA
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24
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Property transfer in philadelphia

Lisa Leary
  • Flipper/Rehabber
  • Phila, PA
Posted Nov 15 2020, 12:19

Hello All!!

I am a current investor in Philadelphia. And I am having a little issue!

1) I am interested in buying a property but one of the owners has died and the other owner is nowhere to be found! The property has been a bandit for over five years. This case how would I go about obtaining the deed?

2) I am also interested in buying another property but there is outstanding mortgage on the house and The owner is terminally ill. And the Son is willing to sell the house. Will I have to take the mortgage over?

If anyone can plz gave me advice, I would greatly appreciate it enjoy your Sunday!!! 

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